SCRWalmart is developing its own large language model called Wallaby, tailored specifically for retail applications. Trained on extensive data from Walmart, Wallaby aims to enhance customer service by responding in a natural tone, Emilia David reports for VentureBeat. Currently in heavy internal testing, Walmart plans to leverage Wallaby within a year, particularly for consumer-facing applications. …
AMD has unveiled a suite of new AI-infused chips across its Ryzen, Instinct, and Epyc product lines. CEO Lisa Su stated these processors will power a new generation of AI computing, from personal use to data centers, emphasizing open and accessible technology during a San Francisco event. This is reported by Dean Takahashi for VentureBeat. …
Intel’s new “Arrow Lake” desktop platform emphasizes AI and a new architecture. According to Gavin Bonshor of “The Register,” Intel is integrating an AI-focused NPU into its desktop processors for the first time. The chips utilize a tiled design and are manufactured by TSMC, while Intel handles the packaging. The new processors, codenamed “Lion Cove” …
A new open-source AI model called Pyramid Flow generates high-quality video clips of up to ten seconds in length. It was developed by researchers from Peking University, Beijing University of Posts and Telecommunications, and Kuaishou Technology, as reported by Carl Franzen. Pyramid Flow uses a novel technique where an AI model creates videos in multiple …
A Reddit post titled “Which is the best version of chatgpt4” sparked a discussion about the various models of ChatGPT. The original poster inquired about the most accurate version, leading to various responses. Users highlighted the strengths of different models: “4o” is considered best for research, image generation, and creative writing, while “o1 mini” excels …
Writer has launched its new AI language model, Palmyra X 004, which seemingly excels in function calling and workflow execution for businesses. Michael Nuñez reports for VentureBeat that the model outperforms competitors like OpenAI, Anthropic, Google, and Meta by nearly 20% on Berkeley’s Tool Calling Leaderboard, achieving a score of 78.76%. Palmyra X 004 achieves …
Hailuo AI, a product of Chinese startup MiniMax, has launched a new image-to-video conversion feature. The tool allows creators to transform static images into dynamic video content. As reported by Carl Franzen in VentureBeat, Hailuo AI now offers a competitive platform that combines both text and image inputs. The company, backed by tech giants Alibaba …
Braintrust, a startup specializing in evaluating AI products, has secured $36 million in Series A funding. The company, founded by Ankur Goyal, helps businesses improve the accuracy of their AI tools. According to Forbes contributor Alex Konrad, Braintrust already boasts clients such as Airtable, Brex, Instacart, and Stripe. Braintrust’s software evaluates and monitors the performance …
Anthropic has launched a new, more affordable batch processing API for businesses. According to a VentureBeat report by Michael Nuñez, the new Message Batches API allows companies to process up to 10,000 queries asynchronously within a 24-hour window, at half the cost of standard API calls. Both input and output tokens are 50% cheaper compared …
OpenAI is restructuring as a public benefit corporation (PBC) to protect itself from hostile takeovers and ensure CEO Sam Altman’s autonomy. reports the Financial Times. This new model, also adopted by other AI companies like Anthropic and xAI, aims to balance shareholder interests with public benefits and stakeholder needs. The PBC structure could hinder potential …